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ACT5725 Following are selected ratios of Colgate-Palmolive for 2015 and 2014. Return on Assets(ROA) Component 2015 2014 Profitability (Net income/Sales) 8.50% 12.50% Productivity (Sales/Average assets)
ACT5725
Following are selected ratios of Colgate-Palmolive for 2015 and 2014.
| Return on Assets(ROA) Component | 2015 | 2014 |
|---|---|---|
| Profitability (Net income/Sales) | 8.50% | 12.50% |
| Productivity (Sales/Average assets) | 1.42 | 1.29 |
Compute the company's ROA for 2015.
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